Public HTML RI reports - PRI reporting framework 2017

Mirova

PRI reporting framework 2017

Gateway asset class implementation indicators [OO 10 - 12]

Investment policy [SG 01 - 04] Objectives and strategies [SG 05 - 06] Governance and human resources [SG 07 - 08] Promoting responsible investment [SG 09 - 11] Implementation not in other modules [SG 12 - 16] Innovation [SG 17]

Direct - Listed Equity Incorporation

Overview [LEI 01 - 02] ESG incorporation in actively managed listed equities [LEI 03 - 12] Implementation processes [LEI 03 - 12] (A) Implementation: Screening [LEI 06 - 08] (B) Implementation: Thematic [LEI 09] (C) Implementation: Integration of ESG issues [LEI 10 - 12] Outputs and outcomes [LEI 14 - 16] Communication [LEI 17]

Direct - Listed Equity Active Ownership

Engagement [LEA 01 - 16] Overview [LEA 01 - 02] Process [LEA 03 - 10] Process for engagements run internally [LEA 03 - 04] Process for engagements conducted via collaborations [LEA 05 - 06] General processes for all three groups of engagers [LEA 09 - 10] Outputs and outcomes [LEA 11 - 15] Communication [LEA 16] (Proxy) voting and shareholder resolutions [LEA 17 - 27] Overview [LEA 17] Process [LEA 18 - 22] Outputs and outcomes [LEA 23 - 26] Communication [LEA 27]

Direct - Fixed Income

Overview [FI 01 - 03] ESG incorporation in actively managed fixed income [FI 04 - 16] Implementation processes [FI 04 - 06] (A) Implementation: Screening [FI 07 - 10] (B) Implementation: Thematic [FI 11 - 13] (C) Implementation: Integration [FI 14 - 16] Fixed income - Engagement [FI 18 - 20] Outputs and outcomes [FI 21 - 22] Communication [FI 23]

Direct - Infrastructure

Overview [INF 01 - 05] Fundraising of infrastructure funds [INF 06 - 07] Pre-investment (selection) [INF 08 - 12] Selection, appointment and monitoring of third-party operators [INF 13] Post-investment (monitoring and active ownership) [INF 14 - 19] Overview [INF 14] Infrastructure monitoring and operations [INF 15 - 17] Infrastructure maintenance [INF 18] Stakeholder engagement [INF 19] Outputs and outcomes [INF 20 - 21] Communication [INF 22 - 23]

Export Public Responses

You are in Organisational Overview » Basic Information

Basic Information

OO 01. Signatory category and services

01.1. Select the services you offer.

Fund management

% of assets under management (AUM) in ranges

<10%

10-50%

>50%

Fund of funds, manager of managers, sub-advised products

Other, specify

Execution and advisory services

01.2. Additional information. [Optional]

Mirova is a Core RI asset manager, fully owned by Natixis Asset Management. With €6.6 billion assets under management, Mirova is a leader in the European RI market. Its team of 69 multidisciplinary experts includes specialists in thematic investment management, engineers, financial and environmental, social and governance analysts, project financing specialists and experts in solidarity-based finance.

Thanks to its pro-active and pragmatic RI approach, that aims at reconciling wealth creation and sustainable development, Mirova offers a full array of investment solutions: listed equities, bonds, infrastructure funds, impact investing as well as engagement and voting services (fully described in PRI modules “Listed Equities Incorporation”, “Fixed Income”, “Infrastructures” and “Listed Equities Active Ownership”).

Several key strengths distinguish Mirova from other asset managers:

Strong firm commitment to sustainable investment supported by a large in-house Responsible Investment Research team made up of 14 ESG specialists, and several academic partnerships to fuel internal knowledge
Conviction-based investment management: security selection is at the heart of investment processes, and sustainability is incoporated as part of idea generation, not only as a screening
Performance-driven approach across all asset classes
Coverage of all risks: financial and ESG

OO 02. Headquarters and operational countries

02.1. Select the location of your organisation’s headquarters.

France

02.2. Indicate the number of countries in which you have offices (including your headquarters).

2-5

6-10

>10

02.3. Indicate the approximate number of staff in your organisation in full-time equivalents (FTE).

69 FTE

02.4. Additional information. [Optional]

As regards Mirova’s staff:

The company has been growing rapidly since its creation: Mirova now employs 69 multi-disciplinary SRI experts with complementary backgrounds: specialists in thematic investment management, engineers, financial and ESG analysts, specialists and experts in socially-conscious finance and project financing.

Headed up by the CEO Philippe Zaouati, Mirova is organized around 6 teams:

- Development and operations

- Compliance, Internal Control and Risks

- Equity, fixed-income & impact investing

- Responsible Investment Research

- Infrastructure / public-private partnerships

- Infrastructure / Renewable Energy

Additional support functions are provided by Natixis Asset Management, Mirova’s parent company.

As regards Mirova’s offices:

In addition to its headquarters based in Paris, Mirova has created a new investment division within NAM US* in Boston on September 1st, 2016.

*Natixis Asset Management US (NAM US) is a joint venture between Mirova and Natixis Asset Management

OO 03. Subsidiaries that are separate PRI signatories

03.1. Indicate whether you have subsidiaries within your organisation that are also PRI signatories in their own right.

Yes

03.3. Additional information. [Optional]

Mirova does not have any PRI signatory subsidiary

However, its parent-company Natixis Asset Management is a signatory since 2008, and takes part in the annual reporting and assessment cycle on its own scope.

OO 04. Reporting year and AUM

04.1. Indicate the year end date for your reporting year.

31/12/2016

04.2. Indicate your total AUM at the end of your reporting year, excluding subsidiaries you have chosen not to report on.

Total AUM
Total AUM	trillions	billions	millions	thousands	hundreds
Currency
Assets in USD
Assets in USD	trillions	billions	millions	thousands	hundreds

04.4. Additional information. [Optional]

OO 06. How would you like to disclose your asset class mix

New selection options have been added to this indicator. Please review your prefilled responses carefully.

06.1. How you would like to disclose your asset class mix.

as percentage breakdown

as broad ranges

	Internally managed (%)	Externally managed (%)
Listed equity	10-50% 47.3	0 0
Fixed income	10-50% 25.78	0 0
Private equity	0 0	0 0
Property	0 0	0 0
Infrastructure	10-50% 24.9	0 0
Commodities	0 0	0 0
Hedge funds	0 0	0 0
Forestry	0 0	0 0
Farmland	0 0	0 0
Inclusive finance	0 0	0 0
Cash	0 0	0 0
Other (1), specify	<10% 2	0 0
Other (2), specify	0 0	0 0

'Other (1)' specified

          Non-listed solidarity-based funds